Calculating Interest Using 360 days as the denominator, calculate interest for the following notes using the formula I = P x R × T. Round your answers to the nearest cent. Principal Rate Time Interest...

Calculating Interest<br>Using 360 days as the denominator, calculate interest for the following notes using the<br>formula I = P x R × T. Round your answers to the nearest cent.<br>Principal<br>Rate<br>Time<br>Interest<br>$5,000<br>6.00%<br>30 days<br>1,000<br>7.50<br>60<br>4,500<br>8.00<br>120<br>%24<br>950<br>6.80<br>95<br>1,250<br>7.25<br>102<br>2,900<br>7.00<br>90<br>%24<br>%24<br>

Extracted text: Calculating Interest Using 360 days as the denominator, calculate interest for the following notes using the formula I = P x R × T. Round your answers to the nearest cent. Principal Rate Time Interest $5,000 6.00% 30 days 1,000 7.50 60 4,500 8.00 120 %24 950 6.80 95 1,250 7.25 102 2,900 7.00 90 %24 %24

Jun 09, 2022

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Calculating Interest Using 360 days as the denominator, calculate interest for the following notes using the formula I = P x R × T. Round your answers to the nearest cent. Principal Rate Time Interest...

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